Description

In this edition of Moyers & Company, Bill points to the changing skyline of Manhattan as the physical embodiment of how money and power impact the lives and neighborhoods of every day people. Soaring towers being built at the south end of Central Park, with apartments selling from $30 million to $90 million, are beginning to block the light on the park below. Many of the apartments are being sold at those sky high prices to the international super rich, many of whom will only live in Manhattan part-time—if at all—and often pay little or no city income or property taxes, thanks to the political clout of real estate developers. Broadcast date: November 28, 2014.